Brookwood Financial Partners Buys Sabre Centre in Boca Raton
Posted on 12/06/2021
Founded in 1993, Brookwood Financial Partners, LLC is a private equity real estate investment firm based in Beverly, Massachusetts. Brookwood Financial Partners acquired Sabre Centre I in Boca Raton, Florida. This is the first acquisition by Brookwood’s latest investment vehicle, the Brookwood Properties Fund II. The 101,940 square foot Class A suburban office building is currently 93.7% occupied, and is located within The Park at Broken Sound, one of Southeast Florida’s office parks. The 700-acre mixed-use park consists of over 5.0 million square feet of office space, in addition to 554,000 square feet of retail space, 2,500 luxury multifamily units, and features 29 acres of lakes, waterways, and walking trails, and 28 acres of open green space.
Florida
Brookwood has a history of investing in Florida. Since 1995, it has acquired 38 properties totaling over 3.2 million square feet of office and industrial buildings, and grocery-anchored shopping centers, throughout south Florida, including Renaissance Center, in Fort Myers, Bonita Bay Executive Center and Riverview Center, in Bonita Springs, Brickell Bayview and New World Tower, in Miami, Ponce de Leon Building and Gables CitiTower, in Coral Gables, and Plaza 100 in downtown Fort Lauderdale. Brookwood’s current Florida portfolio includes 19 office buildings containing nearly 1.3 million square feet in Fort Lauderdale, West Palm Beach, Boca Raton, Plantation, Maitland, Bonita Springs, and Fort Myers.